Whales liquidated due to XVS flash crash, resulting in losses exceeding $1.09 million

On chain monitoring shows that XVS crashed 40% within a day (from $5.3 to $3.1), and a whale investor bought 532000 XVS (worth $2.81 million) on Venus through a revolving loan. One hour ago, XVS fell below $3.23 and was liquidated with 287000 XVS (worth $930000), resulting in a loss of $1.09 million. At present, the health rate of the address is only 1.07. If XVS falls below $3.2, its position will face further liquidation. Address: 0x1c25... af5df. (Ashes)